Different Accrual Accounts
We have set-up multiple accrual accounts with different activity codes for tax purposes. We accrue everything at receipt.
The account is the same but the activity code is different.
When we try to clear the residual accrual balances in these accounts, they get cleared to the account with no activity code regardless of where the accrual balance lies.
Although this clears the balances from the account, they are still present on the accrual reconciliation report as $0.00 balances.
We need to reclass the amounts in order to account for them correctly but it does not solve the issue of these balances present in the accrual reconciliation report. Is there any way in which these amounts get cleared to the account where the original accrual amount lies i.e. with the different activity codes? Thank you.